Xiaomi founder’s Shunwei invests in Indian gaming startup amid smartphone boom

Photo credit: Mech Mocha.

Mobile gaming is yet to take off in India like it has in China. But investors from across the border clearly see the potential for it in the world’s second largest smartphone market.

Shunwei Capital, founded by Xiaomi boss Lei Jun, today led a series A investment of US$5 million along with Accel Partners in Bangalore-based gaming startup Mech Mocha. Early investor Blume Ventures also participated in the round.

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